Home Depot earnings, Fedspeak, Google I/O: What to Watch


00:00 Speaker A

Time now for to watch Tuesday May 20th starting off on the earnings front we’ll be getting some more reports from companies including Home Depot, Viking Holdings, and Palo Alto Networks. Home Depot announced results for the first quarter before the markets open, analysts anticipating the company’s sales outlook to be shaky due to a weak housing market and low consumer confidence. Commentary and tariffs will be in focus on the earnings calls, Home Depot imports on 40% of the products.

00:35 Speaker B

Hey look at the Federal Reserve, another round of Fed speak is coming up throughout the day tomorrow. This coming after comments today from Fed Vice Chair Philip Jefferson, he said Fed policy is in a good place and that there is room to be patient. This all following a relatively tame inflation print last week, with the year-over-year rate coming in at 2.3%, it’s lowest since February 2021.

01:04 Speaker A

And finally Google’s annual Google IO developer conference is kicking off tomorrow, investors keeping a close eye on any insights into Google’s product pipeline or AI updates from the company’s Gemini platform at the conference.


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